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Ultra-low voltage drives market to grow to $3.1 billion by 2027
Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more
Daimler India Commercial Vehicles shows strong revenue and sales in 2022
Daimler India Commercial Vehicles achieved sales volume growth of 25 per cent in 2022 with total 29,470 vehicle sales. 200,000 cumulative vehicles produced in Oragadam plant, with highest-ever vehicle exports, parts sales and domestic sales in the year. Read more
Vitesco Technologies’ plants offers intelligent and sustainable production
German automotive supplier, Vitesco Technologies is headquartered in Regensburg. Recently to increase its local production and serve Indian customer with better product portfolio, company inaugurated a plant in Talegaon, Pune. Anurag Garg, Managing Director and Country Head India, Vitesco Technologies in this interview shares more about the state-of-the-art facility and the upcoming developments of Vitesco Technologies in India.Read more
Matter initiates the development new-gen lithium-ion cell with professors of University of Texas
Tech innovation led start-up, Matter is working on new-gen lithium-ion cell technology with Prof Arumugam Manthiram. With this collaboration Matter aims to bring about significant advancements in lithium-ion cells for real world conditions. Read more
Eaton launches Tech Day 2023 campaign showcasing cutting-edge technologies
The power management company Eston launches the campaign Tech Day 2023 under which will showcase Eaton's latest products from different business verticals—electrical, vehicle, and aerospace inside a trailer.Read more
Modern Automotives to export Differential Pinion Shafts to BMW, Murich
Modern Automotives Ltd is going to supply 2.5 million units of Differential Pinion Shaft valued at approximately Rs 150 crore by 2034 to BMW in Murich for Electric Vehicle Powertrain. With this order the company becomes first in India to deliver this product overseas. Read more
Mahindra Research Valley at the forefront of automotive technology
Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more
Ashok Leyland sets up an All-Women production line at Hosur
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, launched a new - “All Women production Line” with 100 per cent women employees at the Hosur plant.Read more
Tecumseh under Masterflux brand will roll out products for EV segment
North America-based Tecumseh Products Company is a global manufacturer of cooling solutions. For more than 25 years the company has been operating in India with the subsidiary named Tecumseh Products India (TPI). Sandeep Chaudhry, Managing Director, Tecumseh Products India, in the interview shares how the sustainability and energy efficiency is evolving the opportunities in India and what role Tecumseh is playing in it.Read more
New tech to mould the future of tooling
The tooling industry is considered to be the backbone of the manufacturing as every company requires tooling to conduct the production process of parts manufactured for assembling the machine. With many Indian firms serving global customers who demand high precision and fast turnaround, Indian toolmakers will have to adopt the latest technologies to meet those requirements.Read more